Vision Fund exits entire $7.7 billion Uber stake during market downturn

SoftBank-backed company follows listing path of other U.S.-traded Chinese stocks that doesn’t involve selling new shares or raising funds

The slump in the country’s seemingly invincible market has taken toll on property brokers, which have suffered mass layoffs and falling revenue since the second half of 2021

Chinese real estate developer sells $530 million of Ke shares, bringing disposals since June 1 to $1.08 billion as it scrapes up cash in the face of pressure on property industry

The retreat of one of the most aggressive tech investors in the country signals a correction in startup valuations

Tencent floats $2.13 billion proposal to take search engine Sogou private; World Bank urges China to advance reforms to improve the environment for business